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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The attorney general may review the copy of a disclosure statement filed with the secretary of state under Subchapter B.
(b) If the disclosure statement fails to comply with this chapter, the attorney general may:
(1) notify the secretary of state and the seller in writing of the deficiency; and
(2) file suit to enjoin the seller from transacting business until the failure to comply has been corrected.
(c) If the attorney general notifies the secretary of state under Subsection (b), the secretary of state shall:
(1) attach a copy of the notice to the front of the disclosure statement; and
(2) on inquiry of the status of the disclosure statement, disclose that a statement has been filed but that the attorney general has questioned the correctness of the statement.
Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 51.303. Review and Suit by Attorney General - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-51-303/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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